Perdoceo Gross Profit vs Extraordinary Items Analysis

PRDO Stock  USD 28.46  0.16  0.57%   
Perdoceo Education financial indicator trend analysis is much more than just breaking down Perdoceo Education Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perdoceo Education Corp is a good investment. Please check the relationship between Perdoceo Education Gross Profit and its Extraordinary Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perdoceo Education Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Gross Profit vs Extraordinary Items

Gross Profit vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perdoceo Education Corp Gross Profit account and Extraordinary Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Perdoceo Education's Gross Profit and Extraordinary Items is 0.16. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Perdoceo Education Corp, assuming nothing else is changed. The correlation between historical values of Perdoceo Education's Gross Profit and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Perdoceo Education Corp are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Gross Profit i.e., Perdoceo Education's Gross Profit and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Perdoceo Education Corp minus its cost of goods sold. It is profit before Perdoceo Education operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Extraordinary Items

Most indicators from Perdoceo Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perdoceo Education Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perdoceo Education Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Perdoceo Education's Selling General Administrative is very stable compared to the past year. As of the 16th of February 2025, Tax Provision is likely to grow to about 53.7 M, while Discontinued Operations is likely to drop (20.5 K).
 2022 2023 2024 2025 (projected)
Gross Profit578.5M579.7M666.6M764.3M
Total Revenue695.2M710.0M816.5M1.1B

Perdoceo Education fundamental ratios Correlations

-0.480.560.620.930.56-0.620.830.60.670.850.250.780.630.240.570.750.680.540.660.92-0.190.720.560.610.7
-0.48-0.4-0.26-0.43-0.240.52-0.4-0.38-0.43-0.31-0.08-0.47-0.25-0.03-0.4-0.52-0.47-0.23-0.35-0.510.34-0.35-0.25-0.27-0.29
0.56-0.40.710.360.57-0.30.330.750.370.610.160.210.610.220.610.580.370.250.70.45-0.420.50.250.20.65
0.62-0.260.710.290.85-0.610.190.940.60.860.260.090.760.360.870.820.130.430.970.370.250.60.430.290.84
0.93-0.430.360.290.27-0.460.890.280.520.630.150.890.410.190.240.490.760.50.320.96-0.330.570.530.650.46
0.56-0.240.570.850.27-0.670.210.910.670.820.510.00.760.330.920.830.190.190.860.330.120.750.130.010.9
-0.620.52-0.3-0.61-0.46-0.67-0.37-0.59-0.96-0.62-0.41-0.36-0.69-0.35-0.67-0.63-0.37-0.39-0.64-0.56-0.15-0.6-0.38-0.32-0.72
0.83-0.40.330.190.890.21-0.370.210.480.560.170.90.3-0.10.260.50.850.130.290.82-0.480.680.20.330.41
0.6-0.380.750.940.280.91-0.590.210.590.850.340.070.760.350.920.870.180.340.950.350.060.630.30.170.85
0.67-0.430.370.60.520.67-0.960.480.590.620.450.450.750.230.680.630.440.30.650.610.030.650.310.280.72
0.85-0.310.610.860.630.82-0.620.560.850.620.240.40.690.370.790.870.470.450.870.610.050.780.440.380.89
0.25-0.080.160.260.150.51-0.410.170.340.450.240.110.370.00.430.46-0.020.00.340.21-0.060.28-0.04-0.060.3
0.78-0.470.210.090.890.0-0.360.90.070.450.40.110.27-0.020.090.350.750.380.180.84-0.40.390.460.60.19
0.63-0.250.610.760.410.76-0.690.30.760.750.690.370.270.470.750.620.250.480.760.530.040.540.470.380.72
0.24-0.030.220.360.190.33-0.35-0.10.350.230.370.0-0.020.470.10.060.080.730.220.210.11-0.010.650.530.4
0.57-0.40.610.870.240.92-0.670.260.920.680.790.430.090.750.10.890.190.120.940.320.130.730.110.00.81
0.75-0.520.580.820.490.83-0.630.50.870.630.870.460.350.620.060.890.310.230.890.520.030.760.240.190.77
0.68-0.470.370.130.760.19-0.370.850.180.440.47-0.020.750.250.080.190.310.10.190.7-0.60.650.120.220.46
0.54-0.230.250.430.50.19-0.390.130.340.30.450.00.380.480.730.120.230.10.340.530.2-0.060.970.940.27
0.66-0.350.70.970.320.86-0.640.290.950.650.870.340.180.760.220.940.890.190.340.390.180.670.340.220.83
0.92-0.510.450.370.960.33-0.560.820.350.610.610.210.840.530.210.320.520.70.530.39-0.30.560.560.670.5
-0.190.34-0.420.25-0.330.12-0.15-0.480.060.030.05-0.06-0.40.040.110.130.03-0.60.20.18-0.3-0.190.210.09-0.02
0.72-0.350.50.60.570.75-0.60.680.630.650.780.280.390.54-0.010.730.760.65-0.060.670.56-0.19-0.06-0.050.85
0.56-0.250.250.430.530.13-0.380.20.30.310.44-0.040.460.470.650.110.240.120.970.340.560.21-0.060.970.22
0.61-0.270.20.290.650.01-0.320.330.170.280.38-0.060.60.380.530.00.190.220.940.220.670.09-0.050.970.14
0.7-0.290.650.840.460.9-0.720.410.850.720.890.30.190.720.40.810.770.460.270.830.5-0.020.850.220.14
Click cells to compare fundamentals

Perdoceo Education Account Relationship Matchups

Perdoceo Education fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets721.5M847.4M957.4M1.0B1.2B945.8M
Short Long Term Debt Total53.2M44.9M33.8M27.0M24.3M28.3M
Other Current Liab47.4M54.3M82.2M53.4M48.0M67.5M
Total Current Liabilities103.8M140.2M163.4M111.0M99.9M166.3M
Total Stockholder Equity555.9M650.1M725.8M841.4M967.6M621.4M
Property Plant And Equipment Net72.5M65.0M52.2M40.5M36.4M34.6M
Net Debt(52.5M)(275.0M)(75.6M)(91.0M)(81.9M)(86.0M)
Retained Earnings142.3M252.0M347.8M480.6M432.5M454.2M
Accounts Payable13.3M10.8M13.5M10.8M9.7M17.6M
Cash105.7M320.0M109.4M118.0M135.7M159.8M
Non Current Assets Total254.5M293.0M382.2M352.4M317.1M369.9M
Non Currrent Assets Other6.4M6.7M(110.5M)9.5M8.6M8.2M
Cash And Short Term Investments406.4M494.2M508.7M603.1M693.6M728.3M
Net Receivables47.6M44.7M46.0M33.9M30.5M41.8M
Common Stock Shares Outstanding71.3M70.9M69.0M67.8M61.0M62.2M
Liabilities And Stockholders Equity721.5M847.4M957.4M1.0B1.2B945.8M
Non Current Liabilities Total61.8M57.1M68.1M54.9M63.1M95.8M
Inventory596K904K1.9M5.0M4.5M5.6M
Other Current Assets12.6M14.6M18.5M12.9M11.6M13.5M
Other Stockholder Equity412.3M397.3M382.6M360.6M414.7M357.0M
Total Liab165.6M197.3M231.5M165.9M190.8M324.4M
Total Current Assets467.1M554.5M575.1M655.0M753.2M437.1M
Accumulated Other Comprehensive Income364K(96K)(5.4M)(666K)(765.9K)(727.6K)
Short Term Debt19.6M18.8M13.1M5.7M6.6M6.2M
Intangible Assets15.5M32.2M53.6M36.2M32.6M31.0M
Common Stock873K887K894K903K1.0M1.1M
Common Stock Total Equity860K873K887K894K1.0M876.3K
Current Deferred Revenue34.5M70.6M71.6M37.2M33.5M31.8M
Good Will118.3M162.6M243.5M241.2M217.0M170.1M
Short Term Investments300.7M174.2M399.3M485.1M557.9M585.8M
Net Tangible Assets336.0M422.1M455.3M428.7M385.9M273.8M
Retained Earnings Total Equity18.1M142.3M252.0M347.8M313.1M328.7M
Capital Surpluse639.3M658.4M674.2M684.2M786.8M685.5M
Treasury Stock(227.3M)(246.1M)(276.9M)(301.6M)(271.5M)(285.0M)
Non Current Liabilities Other61.8M57.1M40.9M33.5M30.2M39.1M
Property Plant Equipment26.0M27.8M28.4M26.0M23.4M22.3M

Pair Trading with Perdoceo Education

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perdoceo Education position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perdoceo Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Perdoceo Stock

  0.66EDU New Oriental EducationPairCorr
  0.48GNS Genius GroupPairCorr
  0.44JZ Jianzhi EducationPairCorr
  0.33FEDU Four Seasons EducationPairCorr
The ability to find closely correlated positions to Perdoceo Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perdoceo Education when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perdoceo Education - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perdoceo Education Corp to buy it.
The correlation of Perdoceo Education is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perdoceo Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perdoceo Education Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perdoceo Education can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Perdoceo Education Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perdoceo Education's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perdoceo Education Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perdoceo Education Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perdoceo Education Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perdoceo Education. If investors know Perdoceo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perdoceo Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.11
Earnings Share
1.99
Revenue Per Share
9.948
Quarterly Revenue Growth
(0.06)
The market value of Perdoceo Education Corp is measured differently than its book value, which is the value of Perdoceo that is recorded on the company's balance sheet. Investors also form their own opinion of Perdoceo Education's value that differs from its market value or its book value, called intrinsic value, which is Perdoceo Education's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perdoceo Education's market value can be influenced by many factors that don't directly affect Perdoceo Education's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perdoceo Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perdoceo Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perdoceo Education's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.